The Motley Fool4h
Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts
Microsoft has integrated OpenAI models into its commercial software and provides access to them through its cloud computing ...
Microsoft CFO says OpenAI investment will cut into profit this quarter
Following Microsoft's quarterly earnings report on Wednesday, CFO Amy Hood said she expects the company to take a $1.5 ...
Business Insider10d
Microsoft discloses equity investment in OpenAI for the first time, SEC filing shows
An icon in the shape of a lightning bolt. Impact Link Microsoft disclosed an equity investment in OpenAI for the first time, according to its latest Securities and Exchange Commission filings.
As OpenAI attracts billions in new investment, its goal of balancing profit with purpose is getting more challenging to pull off
That’s because OpenAI is incorporated as a nonprofit whose purpose is to benefit society rather than private interests. Until ...
InvestmentNews5d
OpenAI moves a step closer to shift to for-profit company
Under the terms of its latest investment round, OpenAI’s recent funding could convert to debt if the restructure doesn’t happen within two years, the New York Times has reported.
NBC 10 Philadelphia10d
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft CFO Amy Hood said the company will record around $1.5 billion in other expense, mainly because of an expected investment loss at OpenAI. Microsoft has invested close to $14 billion in ...